Last time I informed us about about the liquid metal hit a resistance + candle pattern + rejection.. And we had the drop massively.. Congratulations if you took the call. Now I expect the bulls to come in from the current market price but wait for bullish confirmation..
We saw the previous analysis on BTC if you followed my previous post congratulations.. I see btc at 22k
Looking at the liquid metal we can see that price has come to a key resistance and form a nice rejection. From D1 you'd see a clear rejection & if we break through the minor support at 1936 area then we are clear to 1920
Looking at gold thus far we have seen the bears press on the liquid metal heard & personally I still see a drop before a push up.. Key resistance structure to beat..
Previously I posted a pullback on DXY & we saw the pullback before the NFP news.. Now I expect DXY to pullback again from its current resistance area. From the Fibo level where we also spot and OB.. I expect a possible pullback before the bullish run continues...
Looking at our current market position we can see a clear breakout & retest on the D1 tf. Looking at the Fibo levels we got a nice rejection around our 61% area. I expect a further decline..
After a nice double top I expect a further fall to the key support area.. DXY might drop some more
My previous analysis shows a Bullish set up & today we saw the EUR broke through the ranks..
From a valid level rejection candle. And we have a Bullish flag pattern spotted on H4
This is a nice set for short. Price has come to take order on the 4HTF & I would like to see price go back the the next order block.
We can see that price has closed below our super trend buy zone & we would be looking at 1RR2 in this trade..
We can see a falling wedge at a strong support.. So we looked to go back deep and take orders.
Price will have to pullback the order block before the down push continues
We see the pair seating on a good support that has held for a while now. we look to see price push up from that zone
Using order block analysis price has picked up order so we an go short with 11pips sl and 40pips target